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Some of those strange subterranean fellows who never come to the surface in the newspapers, except for a contemptuous paragraph at long intervals, outsell the famousest of the celebrities, and secretly have their horses and yachts and country seats, while immodest merit is left to get about on foot and look up summer-board at the cheaper hotels.

It affords an instructive confirmation of the results arrived at by the committee, that when some of our swiftest yachts and clippers came to be carefully examined, it was found that the wave principle had been to a great extent adopted in their form, in cases even where the vessels were built before the labours of the committee had commenced. The art had in this case preceded the science.

"Oh, that's all rubbish," said Morley frankly; "there were a great many yachts at Bexleigh on that occasion. I don't remember one called The Red Cross. And even if one of that name was there, it does not say that it is the same that was off Gravesend the other day."

He glanced at the Blancan navy two gunboats, formerly pleasure yachts, and a "battleship," once a steam-lighter which lay at strategic intervals across the harbor mouth and moved impatiently. "The scoundrels!" he ejaculated. "Why don't they shell those insurgents? They could end this promptly if they wished to.

"She is round, too," Frank said, as the boom went off nearly square. "We have gained, and she is not more than half a mile away." The manoeuvre had, in fact, brought the yachts nearer to each other. Both had their booms over to starboard. "Quick with that square sail," Frank shouted. "She is drawing away from us fast."

To others the waters were sprinkled with joyous colors the white sails of yachts, the weather-beaten sails of the fishermen, and the gaudy funnels of the liners. But to him it was all gray, gray a dull, sodden gray. He felt a tug at his sleeve and heard the gruff voice of the cabby. "What about my fare?" "Your fare?" He had forgotten.

For all the officers of the garrison, and all beautiful Valetta itself, seemed present in their yachts and barges to pay their last tribute of admiration to the enchanting sisters and the all-accomplished owner of the Pan. Placed on the galley of his yacht, Mr. Phoebus surveyed the brilliant and animated scene with delight. "This is the way to conduct life," he said.

We had brought an abundance of fresh provisions for both yachts, and were glad to find that Uncle Tom did not wish to go to Inverness; and we accordingly shaped our course for Kinnaird's Head, not intending to touch at any place on the Scotch coast until we reached Aberdeen.

Both at Hongkong and Shanghai, where the European population numbers several thousands, there is a yacht club, each containing several up-to-date classes, ranging from half-raters to fifteen-tonners, and regattas under various conditions are of frequent occurrence. These clubs, as well as the yachts, being practically identical with those in this country, it is unnecessary to enter into details.

By this time the two yachts were not over a hundred feet apart, the Searchlight to the starboard of her rival. So, far the countless stars had brightened up the bosom of the ocean, but now Martin Harris noted a dark mass of clouds rolling up from the westward. "We'll have it pretty dark in a few minutes," he cautioned. "If you want to haul up close, better do it at once."